Boiler Room: The Official Stock Market Discussion

[princeofhaiti]

CNBC showed a report that:

SPACS are down 30% from 52 week highs
IPOS down 20%
Cannabis down 42%
Clean energy down 32%
Lithium/Batteries down 18%
All the ARK Funds being down 20% or higher

apparently its all due to higher interest rate in the market, speculative fever dying down of sorts

 

[ahomeplateslugger]

Might be a good day to sell those non-high conviction stocks. "...Sell the rip"

yeah this might be a dead cat bounce. the random big move in some stocks is too crazy for my liking.

 

[K-Deini]

Nio needs to break 38.50 here and then my calls print

 

[chineebai]

Spy back on buy signal.


Slv looking really nice.

 

[NatiboyB]

Nio needs to break 38.50 here and then my calls print

NIO just like some others are a tease

 

[K-Deini]

NIO just like some others are a tease

Think we are finally done with that and 40 can hit tomorrow

 

[Rickdogg44]

Alright... trying new strategy... I have "supertrend" indicator on my chart (6 month-4 hour timeframe) Once it hits up trend marker... go!

Buying 100 shares and selling atm/slightly above my cost basis strike covered calls... WEEKLIES.... wish me luck... went in margin on this...

FSR
SKLZ
LAZR

yes they popped today... but... scared money don't make money... plus covered calls sort hedge me. If below , sell weekly covered call next week

Edit: Supertrend setting = length = 7 , factor = 2. Default was 7 , 3 I believe

 

[Rekkapryde]

NIO gettin bushed once I get back in the green. Tired of their shyt.

 

[mr. smoke weed]

^^^ I'm wondering if some 2022 or 2023 leaps on SOS would be the play...

OTM or ATM

Yea. Out of the money of course.

 

[K-Deini]

NIO gettin bushed once I get back in the green. Tired of their shyt.

Avg?

 

[Rekkapryde]

Avg?

46

 

[mr. smoke weed]

Dipping my toes in ISRG shares. This company has an amazing future.

Holy shyt, someone I went to HS with is one of their lead trainers. Didn't know it was almost a $1000 stock

 

[dora_da_destroyer]

NIO gettin bushed once I get back in the green. Tired of their shyt.

Same, one of the stocks I was like fukk trying to avg down. NIO, GDRX, and SPLK (still positive but this shyt has fallen so far from the 200 it was at in the summer) are

 

[chineebai]

Holy shyt, someone I went to HS with is one of their lead trainers. Didn't know it was almost a $1000 stock

hope your friend got some nice stock options. They can easily double.

 

[chineebai]

Same, one of the stocks I was like fukk trying to avg down. NIO, GDRX, and SPLK (still positive but this shyt has fallen so far from the 200 it was at in the summer) are

Banking on NIO to $80, market willing! I think by Q3, stop at 35